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7/9/2013 4:18PM

IMF: Emerging Markets Greatest Global Risk

A slowdown in emerging-markets economies tops the International Monetary Fund's list of global risks, highlighting the fallout in markets since Federal Reserve Chairman Ben Bernanke raised the possibility in May of a pullback in easy-money policies. Prabha Natarajan joins The News Hub.

This transcript has been automatically generated and may not be 100% accurate.

... the the ... the National monthly fund once the image in markets may see slower growth ... probably not a rockin' ... joins us now to explain for me I faxed us thank you for praying and think this time ... what exactly to the upside ... said the IMF has said that emerging markets will grow at a slower pace ... and the now protected fifty five percent this year from their peak this podcast by twenty percent ... of the high cost of food for Austin in the U S five percent sounds I'm I'm I'm I'm a singer from but one of them ... no not so fast ... the worrying thing here is that this is the fifth downward revision ... this is the end of that we can see more ... I think we're going to see more because the IMF has forecast a five and a half percent that makes him ... that it's unclear if that momentum will ... happen the kids you have a page ... on factor in the U S ... now saying this letter is and that's saying they commit a crime ... and they can stop estimate to test a pullback on the money printing run happily exactly say when that happens it means ... that we've already seen the impact of that and that's can and one in the sense that the IMF has passed that ... it's not in growth projections and said you know when not been assumed it ... initially projected ... and has brought this morning up now ... so what we expect to see is that ... emerging markets are already facing slowing down ... they're already seen fall and demonstrative Kitson said this is ... an indie scene in a fall in commodity prices ... and you've already started seen Social on thanks ... to all this is going to create this Canadean and a bag where ... growth is only going to be so I as most countries struggle to find out what to do ... one thing that I've was been told is that the U S as a quarter of the world's economy is the locomotive for growth as if the US is fine ... then ... we will find loads of goods and services from all around the world and am Apple's everybody along ... if the Fed is pulling back on its money printing ... presumably it's because things are ... going up a ... grown woman I mean that you know will be spending all our money on union of goods from overseas ... the silly Annie eventually acting that's what I did not Emerging market investors expect that in the months that if the U S consumer is going out shopping ... and then going to be buying goods from emerging markets ... that ... can right now in effect ... of the Fed would ... think that all the money is going back home ... from investors to what they're seeing is ... these investors will ... halt capital flight and the aquarium people signed out of mind I want my money back to me my mind ... that can send these people were the ones who are buying the local debt issued by them and that is government across the world ... and is funded projects and based on that pretty much the growth in these countries ... now it's becoming much more difficult for these countries to have half foreign investors who buy these two of the debt and find the stock picks ... and at the same time you also have currencies which has become much weaker ... so it's much more expensive for them to do much of the US ... cents and I haven't done in the Chinese economy and and some more tea towel in hand and the story when we happened to this day I would urge people to breed that's possible time thank you Brian much a problem